What is the Global market size of the Potato Processing Market?

Global Potato Processing Market size was valued at USD 29.28 billion in 2021 and is poised to grow from USD 38.74 billion in 2022 to USD 46.99 billion by 2030, growing at a CAGR of 5.42% in the forecast period (2023-2030).

What is the key driver of the Global Potato Processing Market?

People's rising living standards, rapid urbanization, changing food preferences, and the attraction of fast food are all driving the demand for the worldwide market. The demand for processed food is increasing because of the benefits and ease of no cooking, easy preservation, and storage options. As a result, it is also highly preferred by consumers. Furthermore, fast service restaurants around the world are enticing users to choose processed potato products based on their preferences.

What is the key market trend for the Global Potato Processing Market?

The potato processing industry is growing in the frozen potato trade and the rising demand for snack foods like potato chips and fries. However, the rising popularity of ready-to-eat foods, and an increase in supply chain activities, it will drive product penetration further in the global market. The fast-food industry's rapid growth is likely to impact the business landscape.

Global Potato Processing Market Size, Share, Growth Analysis, By Type(Frozen, Chips & Snack Pellets), By Application(Snacks, Ready-to-cook & Prepared Meals), By Distribution Channel(Foodservice, Retail) - Industry Forecast 2024-2031

Report ID: SQMIG30C2068 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 88 | Figures: 76

Global Potato Processing Market Competitive Landscape

Potato Processing Market Top Players Company Profiles

McCain Foods Limited
Lamb Weston Holdings, Inc.
J.R. Simplot Company
The Kraft Heinz Company
Aviko BV
Farm Frites International B.V.
Idahoan Foods, LLC
Agristo NV
Cavendish Farms Corporation
Bergia Frites S.A.S.
Intersnack Group GmbH & Co. KG
Pepsico, Inc.
The Hain Celestial Group, Inc.
Old Dutch Foods, Inc.
The Kraft Heinz Company
AGRANA Beteiligungs-AG
AVEBE U.A.
Calbee, Inc.
Kellogg Company
Lamb Weston Meijer V.O.F.

Potato Processing Market

Global Potato Processing Market Report Snapshots

Global Potato Processing Companies

Global Potato Processing Market Size

Global Potato Processing Market Analysis

Global Potato Processing Geographic Analysis

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Who are the key vendors in the Global Potato Processing Market?

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by the global players. Major firms are shifting their focus to introducing new products into the market. The increasing adoption of vegetarian and vegan food items in developed regions as a result of rising health consciousness and concern for animal welfare is expected to drive demand for processed potato products during the forecast period. Furthermore, ready-to-cook potato products like fries, soups, and snacks are being marketed with labels like vegan or 'organic' to increase sales. This has triggered the market and is expected to give a positive impact over the forecast period. 'McCain Foods Limited', 'Lamb Weston Holdings, Inc.', 'J.R. Simplot Company', 'The Kraft Heinz Company', 'Aviko BV', 'Farm Frites International B.V.', 'Idahoan Foods, LLC', 'Agristo NV', 'Cavendish Farms Corporation', 'Bergia Frites S.A.S.', 'Intersnack Group GmbH & Co. KG', 'Pepsico, Inc.', 'The Hain Celestial Group, Inc.', 'Old Dutch Foods, Inc.', 'The Kraft Heinz Company', 'AGRANA Beteiligungs-AG', 'AVEBE U.A.', 'Calbee, Inc.', 'Kellogg Company', 'Lamb Weston Meijer V.O.F.'

Which region accounted for the largest share in Global Potato Processing Market?

Europe is expected to hold the largest Global Potato Processing Market share in terms of value and volume in 2021, owing to a thriving food processing industry and the presence of major companies in countries such as Germany, the United Kingdom, France, the Netherlands, and Belgium. During the forecast period, the Asia-Pacific region is expected to grow the fastest. Key players in Europe and the United States are focusing on the Asian potato processing market, which is expected to grow rapidly in the coming years.

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Global Potato Processing Market Size, Share, Growth Analysis, By Type(Frozen, Chips & Snack Pellets), By Application(Snacks, Ready-to-cook & Prepared Meals), By Distribution Channel(Foodservice, Retail) - Industry Forecast 2024-2031

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Global Potato Processing Market Size, Share, Growth Analysis, By Type(Frozen, Chips & Snack Pellets), By Application(Snacks, Ready-to-cook & Prepared Meals), By Distribution Channel(Foodservice, Retail) - Industry Forecast 2024-2031

Global Potato Processing Market Competitive Landscape

Global Potato Processing Market Report Snapshots

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What is the global market size of Potato Processing Market?

Who are the key vendors in the Global Potato Processing Market?

What is the key driver of Global Potato Processing Market?

What is the key market trend for Global Potato Processing Market?

Which region accounted for the largest share in Global Potato Processing Market?

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